Dana Corporation Earns Corporate Citizenship Award From Ford Motor Company

Nov 28, 2001

    TOLEDO, Ohio, Nov. 28 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today
announced that it has received the Ford Motor Company Citizenship Award in
recognition of its minority-supplier development efforts, community support,
and environmental initiatives.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    Joe Magliochetti, Dana chairman and CEO, said, "For nearly a century, Dana
has demonstrated the value of corporate citizenship through a people-oriented
culture that fosters both growth and innovation.  Through a unique mix of
style and substance, the company has long recognized the benefit of involving
people -- including suppliers and customers -- throughout our organization to
find innovative solutions to the challenges facing the automotive industry.
Dana has effectively applied this approach to its important efforts to develop
minority supplier partners, and it is a real honor to be recognized for these
efforts by our largest customer."
    Bill Carroll, president of Dana's Automotive Systems Group and a member of
the Board of Directors of the National Minority Supplier Development Council,
said, "Like Ford, Dana takes pride in its heritage of corporate citizenship,
as well as its many current programs focused on providing a better tomorrow
for our people and their communities.  Along with its minority supplier
development efforts, Dana is involved in a myriad of corporate citizenship
endeavors, ranging from community service programs to efforts focused on
improving the environment."
    Dana was recognized by Ford for its efforts in the following areas:

    A Strong Commitment to Minority Supplier Development
    Dana maintains a strong commitment to minority supplier development, as
evidenced by its inclusion in the company's strategic planning processes, and
its status as one of the company's key corporate business measures.
    Even as Dana implements consolidation and rationalization processes
through the reengineering of its non-production procurement process, the
company has maintained its minority supply base and has been successful in
enabling strategic alliances between many national account (Tier I) suppliers
and its minority supply base.

    Working on Many Fronts to Grow Minority Suppliers
    Dana Corporation is a major supporter of the Minority Business Enterprise
(MBE) mentoring through the Michigan Minority Business Development Council's
(MMBDC) Project Operation Network Enhancement (Project ONE).  Project ONE, the
brainchild of Ford Motor Company, seeks to enhance and strengthen minority
business development activities and processes through the collective efforts
of Dana's Tier I suppliers and MBEs from the MMBDC.  Dana has already awarded
more than $50 million through Project ONE this year.  Dana is also involved in
mentor/protege relationships in the states of Indiana, Ohio, Tennessee, and
Wisconsin.
    Dana has sponsored numerous networking events over the past four years.
The company's purchasing community has been an integral participant in these
important events, with buyers from virtually all Dana divisions participating
in each event.  Additionally, minority supplier development has been firmly
established as an integral component in the goals and objectives set for each
of our strategic business units and each division within all of our business
units.
    Dana has actively pursued sourcing to MBEs in a number of nontraditional
areas.  For example, the company awarded more than $10 million in business to
a minority-owned chemical manufacturer/commodity manager.

    Using Technology to Measure and Grow Minority Spending
    Dana has also instituted a web-based, Tier I minority-spending reporting
tool.  This tool enables Dana's Tier I suppliers to report their minority
spending in an efficient manner, which helps ensure the success of Dana's Tier
II program.  Additionally, Dana requires all national contract suppliers to
provide Dana with the names of minority suppliers they will be utilizing in
fulfillment of their contracts with Dana.  Performance of these key supply
partners is tracked and measured to ensure opportunities for minority-owned
businesses.

    Executive Involvement Emphasizes Dana's Commitment
    As mentioned above, the President of Dana's Automotive System Group, Bill
Carroll, sits on the Board of Directors of the National Minority Supplier
Development Council (NMSDC).  In this role, he has served as a champion for
minority supplier development, frequently expressing Dana's commitment to
expanding opportunities for minority-owned businesses.  Carroll also was
recently elected to the Board of Directors of the Michigan Minority Business
Development Council, beginning a three-year term in January 2002.  Dana has
been a nominee for the NMSDC's Corporation of the Year award for the past two
years.
    Dana Corporation is one of the world's largest suppliers of components,
modules, and complete systems to global vehicle manufacturers and their
related aftermarkets. Founded in 1904 and based in Toledo, Ohio, the company
operates some 300 major facilities in 34 countries and employs nearly 75,000
people. The company reported sales of $12.3 billion in 2000. Dana's Internet
address is http://www.dana.com .



SOURCE Dana Corporation

Web Site: http://www.dana.com

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